US polymer import costs likely to increase on higher cost of shipping from Asia to USA

26-Dec-11
With effect from January 1, 2012, container prices for shipping polymers from Asia to the US West Coast are set to increase by US$350/container, as per Platts. This will result in a hike in polymer import prices. A US$350/container hike for a 20-foot container holding 20-22 mt of PET will translate into a US$16-17/mt hike in price of imports.
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